Lululemon Athletica Inc. (LULU) opened at 45.56. So far today, the stock has hit a low of 42.75 and a high of 46.68. LULU is now trading at 42.94, down 4.01 (-8.80%). The stock hit its 52 week high of 60.70 in October and set its 52 week low of 28.36 in July. Since its initial offering in July, the stock climbed from $25 up to $57. Lululemon shares have been falling today with most other consumer goods stocks after Citigroup Inc. (C) warned it plans to book $8 billion to $11 billion in additional losses, raising investors' worries about the U.S. economy. If you’re looking for a hedged trade on this stock, consider a December bear-call credit spread above the $60 level. LULU stock could rise up to 39.7% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments NewsBite]